Bitcoin Price Flow From Liquidity Grabs to Structural BreakoutsBitcoin Price Action Analysis:
In recent sessions, Bitcoin has been consistently making Breaks of Structure (BoS) to the upside, indicating a strong bullish trend. Most recently, after forming another BoS, the market retraced downward and precisely tapped into a previously established Bullish Order Block (OB). This reaction led to a temporary upward movement; however, during this process, the market also created a zone of internal liquidity.
Currently, Bitcoin is showing signs of a downward move again, potentially aiming to capture Internal Drawdown Market (IDM) liquidity. Just below this level lies another key Order Block, which could serve as a strong support zone. If the price reacts positively from this region, we might see the market initiate another upward leg, potentially forming the next Break of Structure to continue the bullish narrative.
Note: Always perform your own research (DYOR) before making any trading decisions.
Btcusdanalysis
BTCUSD broke below 115,000.00 on week labor dataBTCUSD broke below 115,000.00 on week labor data
On August 1, after worse-than-expected NFP report data came out, bitcoin dropped below important level of 115,000.00 and SMA200 on 4-h chart. Technically, this means the start of a mid-term bearish market in the asset. Bitcoin often follows the same path as high-risk assets, such as tech stocks, particularly during times of economic uncertainty. The July 2025 U.S. jobs report, which showed only 73,000 new jobs added, below the expected 100,000, and a downward revision of June's figure from 147,000 to 14,000, fueled fears of a recession. This caused a broader market sell-off. In just 12 hours, $110 billion was withdrawn from spot crypto markets, with $630 million in liquidations, primarily affecting long positions.
Currently the price is testing the 115,000.00 level. The next decline towards 110,000.00 support level is expected.
BTC Forecast For August & September. The Only Roadmap You Need !This is one is so obvious, its a no brainer , and would likely be very easy to trade as long as you follow this road map i have provided.
The Value Area High at 110k price range is most important upcoming battle line between bull vs bear. If bulls fail to get a strong bounce from 110k and we close at least 2 daily candles below it. Then it would mean bears have full control and the implication of that is that since we would at that point be closing back inside an established Value Area range, formed between Nov 20th to Jul 25th, then it would mean the probability of price selling all the way down to re-test the VAL (value area low) at $91.6k would instantly become very very high.
After re-testing $91.6k we'll watch and see what happens.
It'll either hold after grabbing some liquidity below and stay in the Value Area Range until further notice Or we lose it and the sell off continues. Bear market will be in full swing if that happens and you can bet a ton of weak hands will start to exit due to max pain & cascading long liquidations. Fear index will be back in the red at that point as capitulation starts to set in. Alot of new alts and meme coins will be completely obliterated.
Bullish Continuation Scenario
If bulls get a strong bounce from 110k and don't close back inside the Value Area Range below, then we could continue up to a make a new ATH for a classic trend pullback continuation trade. Once we get back above 115.4k, the dream of a new ATH will become much more realistic. There is an UFA(Unfinished Auction) at 120.8k which is only visible to traders using the market profile or footprint chart. This make poor high and needs to be taking out at some point.
For the Price target to the upside, we would be using the peak formation line of the ExoFade indicator.
BTC | Bitcoin - Weekly Recap & Gameplan - 03/08/25📈 Market Context:
Traders are currently anticipating a potential 0.25% rate cut at the September FOMC meeting, which continues to support the broader bullish outlook.
While the market pulled back following weaker-than-expected Non-Farm Payroll data, overall sentiment remains optimistic.
Greed has cooled off into a more neutral stance. Historically, August often brings some consolidation or pullbacks — but the structural bias for Bitcoin remains bullish.
🧾 Weekly Recap:
• After printing new all-time highs, BTC began a healthy retracement.
• Price action closely mirrored the Nasdaq's (NQ) pullback during the week.
• We saw a small bounce mid-week, but no strong reversal confirmation yet.
📌 Technical Outlook & Game Plan:
→ I’m watching for price to revisit the long-term bullish trendline.
→ A slight deviation into the HTF demand zone would be ideal for long entries.
→ Bonus confluence: This area also aligns with the 0.5 Fibonacci retracement (Equilibrium level), providing a key discount zone.
🎯 Setup Trigger:
I’ll be watching for a confirmed bullish break of structure (BOS) on the 1H–4H timeframes to signal a reversal.
On confirmation, I’ll look to enter a swing long position.
📋 Trade Management:
• Stoploss: Below the 1H–4H demand swing low
• Take Profit:
→ I’ll trail stops and lock in profits aggressively
→ Main target: $119,820
💬 Like, follow, and comment if this breakdown supports your trading! More setups and market insights coming soon — stay connected!
Smart Money Watching This Line — Are You?Bitcoin is holding strong above a key trendline that has acted as dynamic support since March. Every time price touched this line, buyers stepped in, and once again, it’s doing its job.
What was once resistance has now flipped into solid support. The recent pullback seems healthy, and the price is trying to bounce from the trendline area again.
As long as CRYPTOCAP:BTC respects this structure, the bullish momentum remains intact. If it holds, we could see another leg up from here.
DYOR, NFA
Thanks for reading!
NeoWave Alert: BTC G-Wave Sets Up a Brutal Drop After $116K PumpAs anticipated in our previous NeoWave analysis, the market appears to be deep within Wave G of a Contracting Diametric structure (A–G), originating from the March 2025 high.
⸻
🔻 Key Developments:
• After rejecting from $119,000–119,500 (Wave F resistance), price dipped to $112,000, breaking below the previous channel’s lower bound, and now appears to be forming a steeper descending channel.
• This new channel’s resistance has shifted lower to $116,000, becoming a potential bull trap zone.
• The bounce from $112K is likely a liquidity sweep, preparing for one final upside to $116K, followed by aggressive distribution.
⸻
💡 Trading Thesis:
We’re likely seeing a trap-style rally within Wave G, aiming to:
• Attract liquidity up to $116K
• Induce late longs before initiating a more violent selloff toward $105K or lower
⸻
🔍 Smart Money Confluence (SMC / ICT)
• 🟥 Confirmed bearish structure on 1H (Lower Highs + BOS)
• 🟨 Liquidity above $120K already swept during Wave F
• 📉 Order blocks around 119.5K rejected
• 🔻 Price currently trades above $114K, but trapped inside a sharper descending range
• 🧲 Unfilled FVGs between $113K–$110K may serve as magnets
⸻
🧠 Wave G Structure (Diametric)
• Possibly unfolding as a Zigzag or Complex Combination
• Channel boundary now capped at $116K
• Wave G likely targets a breakdown below Wave E ($113K) and toward $105K
⸻
📌 Primary Scenario:
• Final push to $116K → strong rejection expected
• Bearish continuation targeting $110K → $105K
🧯 Invalidations:
• Clean breakout & daily close above $120.5K invalidates this diametric structure
• Watch for triangle or flat morphing if structure shifts
⸻
⚠️ Risk Management:
• $116K = key distribution zone
• Watch closely for rejection and breakdown confirmation
• Shorts valid below $114K with tight invalidation above $117K
⸻
📌 Conclusion:
Bitcoin is nearing the climax of a multi-month complex correction. The current setup favors a liquidity trap toward $116K, followed by continuation of Wave G toward major demand zones. Smart money bias remains bearish below $117K.
⸻
💬 Drop your alternate wave counts or SMC confirmations in the comments!
"When the sea retreats and whispers low through Gaussian"This time we are going to talk about the neck of the Bull Markets tops. "IF" I nailed it predicting the top ~ 123k we might start talking about the neck of the hill around the 0.236 Fib level. This could be the next target for Bitcoin in the coming months around 76K(yellow zone). Once the 1000 days of green above Gaussian ends we might see the biggest drops of the bear market bottoming around the 0.5 fib level in the lows 40k usd.
BTC/USD) Bullish Analysis Read The captionSMC Trading point update
Technical analysis of Bitcoin (BTC/USDT) on the 4-hour timeframe, with a focus on smart money concepts like FVG (Fair Value Gap) and support/resistance zones.
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Technical Breakdown:
1. Price Structure & Path Projection:
BTC is currently in a sideways range, but the drawn projection suggests a potential bullish reversal from the key support zone or the FVG level.
Two bullish paths are suggested:
One bounces from the key support zone (~114,725).
The other dips deeper into the FVG level, sweeping liquidity before heading higher.
2. Key Zones:
Key Support Level: Around 114,700–114,800, aligning with the EMA 200 and prior reaction levels.
FVG Level (Fair Value Gap): Just below the support zone — marked as a potential liquidity sweep area before bullish continuation.
Resistance Zone: 123,069.65, where partial profit could be taken.
Final Target Point: 130,312.02, projecting a strong bullish move from the base.
3. EMA 200 (Blue):
EMA sits around 114,685.97, acting as a strong dynamic support, supporting the bullish scenario.
4. RSI (14):
RSI is neutral at 51.10, providing room for bullish momentum without being overbought.
Mr SMC Trading point
---
Trade Idea Summary:
Bias: Bullish
Entry Zone:
Conservative: Near 114,725.18 (key support + EMA 200)
Aggressive: Deeper at FVG level if price sweeps that zone
Targets:
TP1: 123,069.65 (resistance zone)
TP2: 130,312.02 (main target)
Invalidation: Break and close below FVG zone would negate the setup
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Please support boost 🚀 this analysis)
Buy BTCUSD Focus on the $117,500–119,000 levels: a breakout upwards could mean the beginning of growth, a breakout downwards — a strong correction.
Follow the actions of institutional players, flows into ETFs, and political and regulatory news.
Manage risk: BTC remains a volatile asset, the possibility of large peaks and falls remains.
BTC Breaks Down: Retest Could Lead to More LossesHello guys!
Bitcoin has officially broken below the descending channel it was stuck in for weeks. Right now, price is pulling back to retest the broken channel, which is now acting as resistance around the 114,700 zone.
What I'm watching:
Broken channel = bearish signal
Retest zone around 114,700
Downside target near 110,400
So far, it looks like a clean setup for further downside, unless bulls manage to reclaim that broken trendline. Until then, the pressure remains to the downside.
Let’s see how price reacts here... Rejection = short opportunity.
Bitcoin at Key Support - Watching for Bullish ShiftHello everybody!
Bitcoin has reached a very important demand/support zone between 110,000–112,000.
If this area holds, we could see bullish momentum building on the chart.
Currently, we are waiting for confirmations.
We're watching closely for any change in market structure or a trend shift.
If it happens, we can expect the price to move up to around 118,000.
Manage your risk and trade safe!
Bitcoin FOMC aftermath & plan aheadHi all,
As you may have noticed, Wednesday's FOMC meeting delivered a less-than-optimistic outlook. The absence of rate cuts, combined with uncertainty about potential cuts in September, triggered a downward move in the markets.
Bitcoin is currently trading 7% below its high from July 14th. I anticipate a relatively shallow downtrend and plan to add to my position around $112,000.
Is There Hope For PI Network? The Price of the notable altcoin NASDAQ:PI network has since seen a downtick of 80.86% since lunching and listing on major CEX like Kucoin, GateIo, OKX, etc. as per data from CMC.
The altcoin has lost the psychological $0.66 resistance zone forming a support or baseline at the $0.33 price range. with increasing selling pressure, NASDAQ:PI might experience further price dip to the $0.20 price point eventually leading to a deja vu to the $0.60 price point.
Possible factor to present price degradation is the dip in CRYPTOCAP:BTC 's price that most coins follow suit, and NASDAQ:PI wasn't an exception.
NASDAQ:PI is currently oversold as hinted by the data from Trading view. the altcoin has an RSI of 20 which entails weak momentum and possible chances of a market turnaround.
What Is Pi Network?
Pi Network is a social cryptocurrency, developer platform, and ecosystem designed for widespread accessibility and real-world utility. It enables users to mine and transact Pi using a mobile-friendly interface while supporting applications built within its blockchain ecosystem.
Pi Price Data
The Pi price today is $0.346618 USD with a 24-hour trading volume of $174,236,091 USD. Pi is down 14.58% in the last 24 hours. The current CoinMarketCap ranking is #38, with a market cap of $2,692,698,184 USD. It has a circulating supply of 7,768,487,700 PI coins and a max. supply of 100,000,000,000 PI coins.
Gaussian and the LMACD deep dive!As you can see LMACD is showing signs of exhaustion. Histogram has been compressing or decreasing in momentum while the price has been climbing up. This divergence wont last for too long and a change in the trend seem very likely. BTC might be entering in the bear market pretty soon and you might start seeing the histogram turning red and increasing in bearish momentum before changing the trend once we approach to the core of the Gaussian or even bellow this time. Breaking bellow the core would mean range bellow 40k as bear market bottom.
Bitcoin Structure in Stillness, Power in Silence, Just Control?⊣
⟁ BTC/USD - BINANCE - (CHART: H1) - (Aug 02, 2025).
◇ Analysis Price: $113,869.77.
⊣
⨀ I. Temporal Axis - Strategic Interval - (1H):
▦ EMA9 - ($113,889.32):
∴ The price is trading just below the EMA9, which acts as immediate reactive resistance;
∴ The short-term slope remains negative, with no breakout signal;
∴ Buyers are unable to push the price above this threshold, indicating technical weakness.
✴️ Conclusion: Momentum remains capped; the EMA9 has not been reclaimed.
⊢
▦ EMA21 - ($113,896.52):
∴ The EMA21 stands as a tactical compression line in this range;
∴ The close proximity of EMA9 and EMA21 forms a technical knot - indecision zone;
∴ Past rejections in this region reinforce it as a powerful barrier.
✴️ Conclusion: Mid-range resistance holds; continuation is blocked unless breached with volume.
⊢
▦ EMA50 - ($114,128.22):
∴ EMA50 defines the current macro resistance on the 1H chart;
∴ The price has yet to test this level directly after the last drop;
∴ For structural recovery, this line must be broken cleanly with follow-through.
✴️ Conclusion: Primary obstacle on the path to reversal - decisive zone.
⊢
▦ BB (21 + EMA9) - Status: Compression:
∴ Bands are tightening around the price, signaling low volatility;
∴ Price action is contained within the central channel;
∴ Indicates upcoming volatility spike - direction still unknown.
✴️ Conclusion: Volatility compression is active; no directional bias confirmed.
⊢
▦ Volume + EMA21 - (3.84 BTC):
∴ Trading volume remains below the EMA21 period average;
∴ No surge of bullish commitment visible;
∴ Momentum lacks conviction without participation.
✴️ Conclusion: Absence of volume undermines the strength of any move.
⊢
▦ RSI (21, 9) - (42.37):
∴ RSI hovers in the lower neutral band - weak momentum;
∴ Slight upward curve suggests a modest rebound;
∴ No divergence or strength signal confirmed.
✴️ Conclusion: Minor relief rally underway - structurally weak.
⊢
▦ MACD (9, 21, 9) - (MACD: -238.89 / Signal: -340.58):
∴ Bullish crossover confirmed, histogram positive;
∴ Both lines remain in bearish territory - (below zero);
∴ Trend momentum is building but not strong enough to reverse.
✴️ Conclusion: Technical rebound in play - not a structural shift.
⊢
▦ Stoch RSI (3, 3, 21, 9) - (%K: 58.90 / %D: 52.70):
∴ Positive crossover established and advancing in neutral-upper zone;
∴ No overbought signal;
∴ Possibility of further upside if confirmed with price action.
✴️ Conclusion: Oscillator supports continuation - contingent on volume.
⊢
▦ OBV (21, BB2) - (26.35K):
∴ OBV remains flat, indicating market indecision;
∴ No divergence with price movement;
∴ No fresh buying pressure detected.
✴️ Conclusion: Neutral volume behavior - flow not favoring bulls.
⊢
🜎 Strategic Insight - Technical Oracle:
∴ The 1H chart of (BTC/USD) reveals a battlefield sealed in compression and anticipation.
The price is locked beneath converging exponential resistances (EMA9, EMA21, EMA50), forming a triple entrenchment zone. None have been broken - each rejection reinforces the stronghold;
∴ The Bollinger Bands constrict like a ritual binding. Volatility is silent - too silent - awaiting the spark. Yet no participant steps forward with force; volume remains suppressed, showing that neither side has declared war;
∴ Momentum oscillators (RSI, Stoch RSI) hint at an upward drift, but these are echoes, not proclamations;
∴ The MACD crossover is not a trumpet - it is a murmur in the underworld, below the zero line, concealed from the living trend;
∴ The OBV confirms it: no one is entering the field with conviction. This is not a battlefield - it is a waiting room;
✴️ And yet, amidst this silence, the Code speaks:
∴ If the zone between ($114.1K and $114.6K) is breached with volume and confirmation, this will mark the first true structural challenge to the prevailing descent. If it fails - the repique folds into another trap, devoured by gravity.
⊢
∫ II. On-Chain Intelligence - (Source: CryptoQuant):
▦ Exchange Inflow Total + EMA9 - (All Exchanges) - (6.2K BTC):
∴ The total Bitcoin flowing into centralized exchanges remains subdued, with no signs of aggressive sell-side pressure;
∴ The EMA9 confirms a flat, low-intensity behavior, distinct from capitulation spikes;
∴ The absence of major inflows during price compression implies a strategic wait state.
✴️ Conclusion: No incoming threat detected - institutions are not preparing to sell.
⊢
▦ Exchange Netflow Total + EMA9 - (All Exchanges) - (-644.5 BTC):
∴ Netflow remains negative, indicating Bitcoin is being withdrawn from exchanges rather than deposited;
∴ A negative netflow during a price downtrend reflects silent accumulation behavior or rotation into cold storage;
∴ The EMA9 shows a consistent drainage pattern, not episodic outflow.
✴️ Conclusion: This confirms defensive posture by large holders - supporting the technical compression.
⊢
▦ Spent Output Profit Ratio - (SOPR) + EMA9 - (1.003):
∴ The SOPR hovers just above 1.0, suggesting coins moved on-chain are being sold at or near cost basis;
∴ No signs of aggressive profit-taking or panic selling - rather, equilibrium behavior;
∴ The 9-period EMA confirms stability in this zone.
✴️ Conclusion: Market psychology is suspended - no one is winning or losing.
⊢
🜎 Strategic Insight - On-Chain Oracle:
∴ All on-chain signals reflect preparation without declaration;
∴ No pressure enters, and no blood leaves;
∴ The field is not empty - it is coiled;
∴ Withdrawals - (Netflow) - suggest protective accumulation;
∴ Low Inflow signals no new panic supply;
∴ SOPR near 1.0 says: (We're all waiting - and none are ahead);
∴ The technical compression in price is not betrayed by the chain;
∴ The silence is consistent;
∴ But silence is not peace - it is a veil.
✴️ Conclusion: If volume does not breach $114.6K - all remains a ghost echo beneath resistance.
If broken - the coil unwinds.
⊢
⧉ III. Contextvs Macro-Geopoliticvs - Interflux Economicvs - (Aug 02, 2025):
⟁ All movements of the market's breath are influenced not only by price, nor volume, but by the tides beyond the chart. Here begins the reading of the outer realm:
▦ EVENTVM I - (Wall Street Silent Accumulation) - (U.Today + Coindesk):
∴ Institutional actors are actively acquiring BTC and ETH through stealth operations - not OTC spikes, but ETF inflows and treasury balance shifts;
∴ Tom Lee (Bitmine/Fundstrat) confirms: Wall Street is not waiting for clarity, it is accumulating in silence;
∴ SEC’s Project Crypto and “in-kind” ETF mechanisms further reduce friction for institutional entry.
✴️ Conclusion: Price stagnation conceals power transfer - retail hesitates while funds consolidate control.
⊢
▦ EVENTVM II - (SEC’s “Project Crypto” Activation):
∴ Regulatory framing under “Project Crypto” unfolds in phases: transparency, compliance infrastructure, and institutional bridges;
∴ Despite its regulatory mask, the program facilitates liquidity channels into crypto markets;
∴ Legalized ETF's now serve as strategic vacuum points for Bitcoin supply.
✴️ Conclusion: What appears as regulation is in fact an alignment mechanism - structure over rebellion.
⊢
▦ EVENTVM III - (July ETF Flows (US) - $12.8B Inflow):
∴ U.S.-based crypto ETF's report record-breaking $12.8 billion inflows in July alone;
∴ Largest flows tracked in BlackRock, Fidelity, and VanEck vehicles - no signs of reversal;
∴ These flows occurred during price weakness, not during breakout - a signature of accumulation.
✴️ Conclusion: The public hesitates while custodians act - the veil of weakness conceals a new floor.
⊢
🜎 Strategic Interpretation - Macro Context:
∴ The charts compress. The flows retract;
∴ But the outer forces converge - Wall Street is no longer watching. It is acquiring;
∴ Through structure, silence, regulation, and engineering of access;
∴ This is no longer the market of peer-to-peer rebellion;
∴ This is the codification of power into institutional hands;
✴️ Conclusion: Price may appear static - but ownership is shifting.
⊢
𓂀 Stoic-Structural Interpretation:
∴ The chart does not lie. The data does not beg. The market does not care. Bitcoin remains trapped beneath resistance - not by force, but by inaction, by lack of intention, by silent contest;
∴ On-chain signals whisper: no one is selling in panic, no one is buying in euphoria;
∴ The macro realm reveals: the hands of power are moving beneath regulation, using silence as shield;
∴ Thus we see a paradox - the technical shell compresses, the on-chain bloodstream circulates without fever, the macro structure redefines.
⚖️ The Stoic mind recognizes this not as chaos, but as necessary stillness.
∴ The Arcane practitioner does not chase a move - he maps the pressure points and waits;
∴ He acts only when the veil thins;
∴ To act prematurely is to violate the structure;
∴ To wait blindly is to betray the will;
∴ The Stoic Arcane path demands this: know the boundary, seal the insight, then act - once - with clarity;
∴ At ($114.6K) the veil may part. If it does not - the silence continues.
⊢
✦ Structure Bearish.
▦ This is a bearish containment, not a breakdown.
∴ The market is not collapsing - it is being held below by absence of volume, of intention, of structural reversal;
∴ The EMA's are stacked above like iron gates;
∴ The price has failed to break $114.6K - the veil remains intact;
∴ On-chain data confirms neutrality, not optimism;
∴ Macro signals suggest accumulation by institutions - but not defense for the public.
⊢
🜎 Therefore:
∴ Technically Bearish - (structure not yet reversed);
∴ Tactically Neutral to Bearish - (fragile repique);
∴ Strategically in Transition Phase - (institutions buying beneath silence).
✴️ Conclusion: Until ($114.6K) is broken with conviction, the structure remains bearishly biased - wrapped in stillness.
⊢
⧉
· Cryptorvm Dominvs · MAGISTER ARCANVM · Vox Primordialis ·
⚜️ ⌬ - Silence precedes the next force. Structure is sacred - ⌬ ⚜️
⧉
⊢
Eth / UsdtBINANCE:ETHUSDT
### 📈 **Ethereum (ETH/USDT) Update – Technical Snapshot**
💵 **Current Price:** \~\$3,490
🔺 **Intraday High:** \$3,670 | 🔻 Low: \$3,453
---
### 🧱 **Support Zones**
✅ **\$3,500–\$3,600** → Key short-term demand zone
✅ **\$3,000–\$3,200** → Strong mid-term cushion
✅ **\$2,000–\$2,500** → Long-term on-chain investor base
⚠️ **\$2,120** → If broken, risk accelerates toward \$2,000
---
### 📉 **Resistance Zones**
🚫 **\$3,860–\$3,900** → Breakout zone = Bullish confirmation
🚫 **\$4,100–\$4,500** → Major zone with historic pressure
🚀 **\$5,000–\$5,300+** → ATH targets if macro + ETF narrative holds
---
### 📊 **Strategy Overview:**
| 🧭 Scenario | 📌 Strategy |
| ------------------------ | --------------------------------------------------------------- |
| ✅ **Bullish Bias** | Hold above \$3,600 → eyes on \$3,900–\$4,000 next |
| 💥 **Breakout Play** | Clean break above \$4,500 = open skies toward \$5,000–\$5,300+ |
| 🧯 **Bearish Risk** | Below \$3,500 could revisit \$3,000 or \$2,500 support bands |
| ⛔ **Critical Breakdown** | Breach under \$2,120 = watch for strong downside toward \$2,000 |
---
### 🧠 **Final Thoughts**
ETH is in **consolidation near highs**.
• Volume & ETF inflows are key catalysts
• Indicators like **RSI, MACD, Fib zones** can help confirm setups
---
⚠️ **Disclaimer:** Not financial advice. Always **DYOR** and manage your risk wisely. 🧠📉
Reversal from Channel Bottom or a Real Breakdown? Identifying th
🎯 BTCUSDT - Analysis
🔹 Analysis Date: 1 August 2025
📉BTCUSDT:
Price is currently moving inside an ascending channel and has touched the bottom of the channel again, offering a potential buy opportunity.
However, for those seeking a low-risk entry, the zone around 118,000 could be ideal—if price returns to the channel and confirms support.
Although it seems the channel’s lower boundary might break, this could be a fake break to mislead traders before a rebound.
The support at 110,000 is a crucial short-term level; if it fails, a deeper correction toward 98,090 or even 94,000 is likely.
Our targets remain at the upper boundary of the channel.
⚠️ Risk Management Tip: Wait for confirmation near 118,000 if unsure, and always size positions based on overall volatility.